Boeing, COMAC Open Facility to Transform 'Gutter Oil' into Aviation Biofuel Oct 22, 2014 12:47AM

HANGZHOU, China, Oct. 22, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and Commercial Aircraft Corp. of China (COMAC) today opened a demonstration facility that will turn waste cooking oil, commonly referred to as "gutter oil" in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil.

"Strong and continuing teamwork between Boeing and COMAC is helping our industry make progress on environmental challenges that no single company or country can solve alone," said Ian Thomas, President, Boeing China. "By working together for mutual benefit, we're finding innovative ways to support China's aviation industry and build a sustainable future."

Boeing and COMAC are sponsoring the facility, which is called the China-U.S. Aviation Biofuel Pilot Project. It will use a technology developed by Hangzhou Energy & Engineering Technology Co., Ltd. (HEET) to clean contaminants from waste oils and convert it into jet fuel at a rate of 160 gallons (650 liters) per day. The project's goal is to assess the technical feasibility and cost of producing higher volumes of biofuel.

"We are very happy to see the progress that has been made in the collaboration between Boeing and COMAC, especially the achievement in aviation biofuel technology," said Dr. Guangqiu Wang, Vice President of COMAC's Beijing Aeronautical Science & Technology Research Institute. "We will continue to work with Boeing in energy conservation and emissions reduction areas to promote the sustainable development of the aviation industry."

Sustainably produced biofuel, which reduces carbon emissions by 50 to 80 percent compared to petroleum through its lifecycle, is expected to play a key role in supporting aviation's growth while meeting environmental goals. The Boeing Current Market Outlook has forecast that China will require more than 6,000 new airplanes by 2033 to meet fast-growing passenger demand for domestic and international air travel.

Boeing and COMAC have been collaborating since 2012 to support the growth of China's commercial aviation industry. Their Boeing-COMAC Aviation Energy Conservation and Emissions Reductions Technology Center in Beijing works with Chinese universities and research institutions to expand knowledge in areas that improve aviation's efficiency, such as aviation biofuel and air traffic management.

Biofuel produced by the China-U.S. Aviation Biofuel Pilot Project will meet international specifications approved in 2011 for jet fuel made from plant oils and animal fats. This type of biofuel has already been used for more than 1,600 commercial flights.

Contacts: Yukui Wang Boeing China Communications  +86 10 59055505 yukui.wang@boeing.com

Jessica KowalEnvironment CommunicationsBoeing Commercial Airplanes+1 206-660-6849jessica.m.kowal@boeing.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/boeing-comac-open-facility-to-transform-gutter-oil-into-aviation-biofuel-525299238.html

SOURCE Boeing


Banco do Brasil Announces The Expiration Of Its Previously-Announced Exchange Offer Oct 22, 2014 12:47AM

SAO PAULO, Oct. 22, 2014 /PRNewswire/ -- Banco do Brasil S.A., acting through its Grand Cayman Branch (the "Issuer"), today announced that (i) its previously-announced offer to exchange any and all of the Issuer's outstanding 8.50% Perpetual Non-cumulative Junior Subordinated Securities (the "Existing Securities") for Newly-Issued 8.50% Perpetual Non-cumulative Junior Subordinated Securities (the "New Securities") (the "Exchange Offer") has expired, (ii) it will not accept for exchange any Existing Securities, and (iii) it will return all applicable tendered Existing Securities to the respective holders, without making any payment of any consideration or fee to any Eligible Holder or soliciting dealer, in accordance with the Exchange Offer Memorandum (as defined below). The Exchange Offer was made pursuant to the exchange offer memorandum dated September 23, 2014 and supplemented on October 2, 2014 (the "Exchange Offer Memorandum"), and the accompanying amended and restated letter of transmittal dated October 2, 2014.

Despite significant investor interest in the Exchange Offer, the Issuer has determined that developments in the current market environment would or might impair the Issuer from realizing the liquidity levels it anticipated for its investors through the Exchange Offer. In accordance with the Exchange Offer Memorandum, the Issuer has therefore opted to not accept any Existing Securities for exchange for New Securities in the Exchange Offer.

This notice to the market does not represent an offer to sell securities or a solicitation to buy securities in the United States or in any other country. The Exchange Offer was not and will not be registered with the Brazilian Securities and Exchange Commission (CVM) or under the U.S. Securities Act of 1933, as amended. This notice to the market is released for disclosure purposes only, in accordance with applicable legislation. It not does not constitute marketing material, and should not be interpreted as advertising an offer to sell or soliciting any offer to buy securities issued by the Issuer. This notice to the market is not for distribution in or into or to any person located or resident in the United States, its territories and possessions, any state of the United States or the District of Columbia or in any jurisdiction where it is unlawful to release, publish or distribute this announcement.

Forward-Looking Statements

This notice includes and references "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may relate to, among other things, the Issuer's business strategy, goals and expectations concerning its market position, future operations, margins and profitability.

Although the Issuer believes the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect.

The matters discussed in these forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements depending on a variety of uncertainties or other factors.

The Issuer undertakes no obligation to update any of its forward-looking statements.

Jose Mauricio Pereira CoelhoDirectorBanco do Brasil S.A.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/banco-do-brasil-announces-the-expiration-of-its-previously-announced-exchange-offer-621456615.html

SOURCE Banco do Brasil S.A.


Orbotech Introduces Next Generation Direct Imaging Solution Oct 22, 2014 12:43AM

-- Nuvogo™ 800 - the newest addition to Orbotech’s DI product line will debut at the TPCA Show

TAIPEI, Taiwan--(BUSINESS WIRE)-- Orbotech Ltd (NASDAQ: ORBK) announced today that it will be launching its newest Direct Imaging (DI) system, the cutting-edge Nuvogo™ 800, for digital imaging of fine-line HDI, MLB, Flex and Rigid-Flex applications for mass production, at the TPCA Show, booth: NO.I1021, October 22-24.

The next generation of Orbotech’s DI family, the Nuvogo 800 makes DI more economically viable for producers by lowering overall operational costs while improving quality and throughput. For the last decade Orbotech has promoted its vision of gradually replacing conventional exposure machines with DI, thereby digitizing the production processes. With Nuvogo 800 this can now be realized across multiple applications and market segments.

“As the demand for high-end electronic devices increases, so too has the need for a faster and more efficient imaging solution increased. For many years Orbotech has applied its expertise to developing and refining Direct Imaging solutions - the Nuvogo 800 DI system turns our vision of replacing today’s traditional exposure machines into a conceivable reality”, stated Mr. Arik Gordon, PCB Division President at Orbotech. He added, “Nuvogo 800 features our highly advanced MultiWave Laser Technology™, offering additional flexibility in production, by enabling PCB producers to image on a broad range of resists while significantly reducing total cost of ownership. The Nuvogo 800 will provide the industry with a powerful and cost-effective solution while setting a new standard in direct imaging for high-end mass production.”

About Nuvogo 800:

Equipped with the industry’s most advanced optics and electronics, Nuvogo 800 is designed to achieve fine-line structures at unmatched speeds. Powered by MultiWave Laser Technology™, Nuvogo 800 generates a multi wavelength laser beam for optimal precision of line structure on a vast range of resist types. This provides manufacturers of PCB with the flexibility to choose lower-cost resist types whenever possible in order to further reduce total operating costs.

The dual table transport mechanism allows the system to achieve maximum use of system time for panel imaging. Smooth job changes are facilitated by the system’s fast setup capabilities and automatic acquisition of targets. Applying Orbotech’s field-proven Large Scan Optics (LSO) Technology™ for the most advanced HDI production, the system achieves throughput of up to 7,000 panels per day, and high depth-of-focus on panel topography changes (thin layers, Flex and Rigid-Flex) for superior results.

About Orbotech Ltd.

Orbotech Ltd. (NASDAQ: ORBK) has been at the cutting edge of the electronics industry supply chain, as an innovator of enabling technologies used in the manufacture of the world’s most sophisticated consumer and industrial products, for over 30 years. The Company is a leading provider of yield-enhancing and production solutions, primarily for manufacturers of printed circuit boards, flat panel displays and other electronic components. Today, virtually every electronic device is produced using Orbotech technology. The Company also applies its core expertise and resources in other advanced technology areas, including character recognition for check and forms processing and solar photovoltaic manufacturing. Headquartered in Israel and operating from multiple locations internationally, Orbotech’s highly talented and inter-disciplinary professionals design, manufacture, sell and service the Company’s end-to-end portfolio of solutions for the benefit of customers the world over. For more information please see the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”) at www.sec.gov. and visit the Company’s corporate website at www.orbotech.com. The corporate website is not incorporated herein by reference and is included as an inactive textual reference only.

Cautionary Statement Regarding Forward-Looking Statements

Except for historical information, the matters discussed in this press release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements relate to, among other things, future prospects, developments and business strategies and involve certain risks and uncertainties. The words “anticipate,” “believe,” “could,” “will,” “plan,” “expect” and “would” and similar terms and phrases, including references to assumptions, have been used in this press release to identify forward-looking statements. These forward-looking statements are made based on management’s expectations and beliefs concerning future events affecting Orbotech and SPTS and are subject to uncertainties and factors relating to Orbotech’s and SPTS’s operations and business environment, all of which are difficult to predict and many of which are beyond the Company’s control. Many factors could cause the actual results to differ materially from those projected including, without limitation, the completion, timing, terms and anticipated benefits of the acquisition of SPTS and the related financing transactions; the timing and impact of conversion of SPTS’s financial statements from U.K. GAAP to U.S. GAAP and the Company’s ability to switch SPTS to a U.S. GAAP reporting regime; Orbotech’s ability to effectively integrate and operate SPTS’s business following the acquisition, the timing, terms and success of any other strategic or other transaction, cyclicality in the industries in which the Company or SPTS operates, the Company’s and SPTS’s production capacity, timing and occurrence of product acceptance (the Company defines ‘bookings’ as purchase arrangements with customers that are based on mutually agreed terms which, in some cases, may still be subject to completion of written documentation and may be changed or cancelled by the customer, often without penalty), fluctuations in product mix, worldwide economic conditions generally, especially in the industries in which the Company or SPTS operate, the timing and strength of product and service offerings by the Company, SPTS and each of their competitors, changes in business or pricing strategies, changes in the prevailing political and regulatory framework in which the relevant parties operate or in economic or technological trends or conditions, including currency fluctuations, inflation and consumer confidence, on a global, regional or national basis, the level of consumer demand for sophisticated devices such as smartphones, tablets and other electronic devices, the final outcome and impact of the criminal matter and ongoing investigation in Korea, including its impact on existing or future business opportunities in Korea and elsewhere, any civil actions related to the Korean matter brought by third parties, including the Company’s customers, which may result in monetary judgments or settlements, expenses associated with the Korean matter, ongoing or increased hostilities in Israel and other risks detailed in the Company’s SEC reports, including the Company’s Annual Report on Form 20-F for the year ended December 31, 2013, and subsequent SEC filings. The Company assumes no obligation to update the information in this press release to reflect new information, future events or otherwise, except as required by law. SPTS’s financial statements have been prepared in accordance with U.K. GAAP. U.K. GAAP differs in certain important respects from U.S. GAAP, the basis for Orbotech’s financial reporting. Neither SPTS nor Orbotech has begun a reconciliation of SPTS’s financial statements from U.K. to U.S. GAAP and therefore cannot quantify the differences, which may be material. Orbotech will account for the acquisition of SPTS under the purchase method of accounting, which will result in a new valuation for the assets and liabilities of SPTS. The new basis of accounting will be based on the estimated value of the assets and liabilities on the closing date of the acquisition. Orbotech will not be preparing any pro forma information for the acquisition and financing until the reconciliation and valuation estimates have been prepared.

Orbotech Ltd.

Ann Michael, +972-8-942-3148

Senior Corporate Marketing Communications Manager

Source: Orbotech Ltd.


New Company Formed to Motivate Customer Response Oct 22, 2014 12:35AM

Fort Lauderdale, FL (PRWEB) October 21, 2014

True Incentive and Customer Service Network Group, formed at the beginning of October by long-time incentive marketing experts Gary Baron (Chairman) and Taylor Billington (CEO) to fill what they call a "vacuum in the industry."

The seasoned leadership of True Incentive and Customer Service Network Group led the founders to embark on the creation of two companies instead of one.

According to Baron, the concept is to have one company (True Incentives) focus on business-to-business interactions deliver incentives that drive prospects and existing customers to action. Customer Service Network Group, the fulfillment side of the business, redeems hundreds of desirable travel and retail experiences to consumers.

"Selling incentives is simply not enough in today's marketing environment. We've been in this business for nearly a quarter of a century and have witnessed its evolution. That's why we look at the omni-channel challenges of marketing today and are proactive in crafting effective tactics for a variety of incentive-based marketing programs," said co-founder Taylor Billington. "Not only do we understand how to motivate desired behavior, but our quantitative research allows us to predict results and measure new strategies."

"Many companies sell similar products," continues Baron. "Few have the know-how to understand how to fully use incentives. Our incentives are designed for all stages of the customer cycle from lead generation to acquisition to gift with purchase. Our commitment is to help our clients in the process so that they achieve the desired results."

True Incentive and Customer Service Network Group, now builds on its leaders' successful 25-year old tradition of servicing millions of offers. True Incentive's products include travel-based land vacations, airfare combination vacations, cruise vacations, gift cards, cash back rebate and semi-custom solutions designed to give timeshares, travel clubs, banks, auto dealerships and direct marketers the competitive advantage when acquiring and/or maintaining consumer relationships.

To find out more, visit http://www.true-incentive.com and http://www.csnetworkgroup.com.

Contact:  Clayton Gring 561-213-6535
Media Contact:  Georgi Bohrod 619-255-1661

Read the full story at http://www.prweb.com/releases/2014/10/prweb12268278.htm


Award-Winning Poet and Musician Publishes New Book Oct 22, 2014 12:35AM

Cambridge, New Zealand (PRWEB) October 22, 2014

Award-winning poet and musician Hope Paris Mendelssohn has recently released a book of her original poems and songs titled "Butterflies of the Soul" (published by Xlibris NZ). Here, Mendelssohn lays bare the depths of the human soul and captures the immense beauty found in nature.

"Butterflies of the Soul" is a compilation of poems and verses covering over two decades of the author's life and the lives of others. Her poems are inspired by those internal journeys that are an intrinsic part of the human experience and others are based on the wonders of the natural world. Some of poems also describe Mendelssohn's experiences in her birthplace of Tauranga and her adventures through Africa, England, Indonesia and French Polynesia.

Intensely personal and universal, this collection utilizes imagery and themes relevant to today's issues. Personal feelings are juxtaposed with powerful motifs prompting readers toward evocative resonances in an unconscious way. Through the ideas conveyed by these literary pieces, readers will be inspired to share their own experiences and realities and in turn reach others through their creative efforts.

"Butterflies of the Soul"
By Hope Paris Mendelssohn
E-Book | 114 pages | ISBN 9781493192137
Available at Amazon and Barnes & Noble

About the Author
Hope Paris Mendelssohn was born in Tauranga, New Zealand. The arts were very prevalent in her family and she soon developed many artistic skills. She has performed many recitals of original music and poetry and broadcast, recorded and published the same, internationally. Travel features strongly in her life and she has been able to develop a good understanding of many cultures. She currently lives in Cambridge, New Zealand and is working full time as a composer and writer with an international clientele.

Xlibris Publishing New Zealand, an Author Solutions, LLC imprint, is a self-publishing services provider dedicated to serving the needs of Kiwi authors. By focusing on the needs of creative writers and artists and adopting the latest print-on-demand publishing technology and strategies, we provide expert publishing services with direct and personal access to quality publication in hardcover, trade paperback, custom leather-bound and full-color formats. To date, Xlibris has helped to publish more than 60,000 titles.For more information, visit xlibrispublishing.com.au or call 0800 443 678 to receive a free publishing guide. Follow us @XlibrisNZ on Twitter for the latest news.

Read the full story at http://www.prweb.com/releases/2014/ButterfliesoftheSoul/prweb12268368.htm


More Press Releases

View Older Stories

Oct 22, 2014 12:16AM First Nationwide Bulk Purchase Program Will Expand Access to Clean Solar Energy
Oct 22, 2014 12:15AM UWDress.com Updates Its Website With Unique Evening Gowns
Oct 22, 2014 12:10AM One-Third Of Millennials Say A Boost Of Income Of 15% Or Less Is Enough To Buy First Home
Oct 22, 2014 12:06AM WhiteSpace Alliance® to Speak at Spectrum Futures Conference in Singapore
Oct 22, 2014 12:06AM Cambridge House of Swansea Affordable Assisted Living Community to Thanksgiving Pie Social
Oct 22, 2014 12:06AM BloomingKids Releases Eleven More Educational Apps
Oct 22, 2014 12:06AM Involution Studios' Ebola Infographic Provides Key Disease Information and Statistics at a Glance
Oct 22, 2014 12:06AM Wayne Waite joins Everyday Energy as Vice President for Business Development and Public Policy
Oct 22, 2014 12:05AM Alberta's Puddicombe Golf Uses EDC Bonding Product to Build Course in New Zealand
Oct 22, 2014 12:05AM Nixon University Starts Socially Responsive Campaign, 'Live the Future', to Create a Better, Educated World for Generations to Come
Oct 22, 2014 12:05AM Researchomatic Significantly Expands Its Database with the Addition of 20,000 Literature Topics
Oct 22, 2014 12:05AM Acoustiblok® Creates State-of-the-Art Acoustics for First of Its Kind Cinema Complex
Oct 22, 2014 12:04AM Infinite Skills' "Learning to Program with Swift" Teaches the Fundamentals of Apple's New Language for Developing in iOS and OS X
Oct 22, 2014 12:04AM National Association of Professional Women Announces Marlena Desiree Mardigan, CEO / Principal of Mardigan Executive (ME), a 2014 Professional Woman of the Year
Oct 22, 2014 12:04AM TMX Finance Hosting Open House for Career Opportunities in Albuquerque, NM
Oct 22, 2014 12:04AM Excellence in Fundraising Award Winners
Oct 22, 2014 12:04AM Grammy-Winning SAE Miami Faculty Member Creates Crowdfunding Campaign for Independent Film
Oct 22, 2014 12:03AM Serenbe Plans 200,000 Square Feet of Commercial Office Space
Oct 22, 2014 12:03AM Kim Roherty Named Vice President Quality & Performance Outcomes
Oct 22, 2014 12:03AM CE Course On Psychosocial Needs of Women Undergoing Genetic Testing for Breast Cancer Updated at HealthForumOnline
Oct 22, 2014 12:03AM Georgia State University Hosts Symposium On International Conflict Resolution Day
Oct 22, 2014 12:03AM Ft. Lauderdale Sliding Glass Door Repair and Replacement Issues to be Featured in Informative Blog Series, Announces Express Glass & Board Up
Oct 22, 2014 12:03AM David Perecman Urges Health Officials to Do More To Keep Health Care Workers Safe After Second Nurse Diagnosed With Ebola
Oct 22, 2014 12:02AM eVision HSE Software Goes Live on World's Largest Crane Vessel
Oct 22, 2014 12:01AM HSV-2 Vaccine: Pharmaceutical Giant and Biotech Firm Join Forces; CBCD Commends Sanofi Pasteur (SNY) and Immune Design (IMDZ)
Oct 22, 2014 12:01AM New Borescope Customers for RF System Lab
Oct 22, 2014 12:01AM Popular Fairfield Inn & Suites In Lithonia, Georgia Reveals Exciting Makeover
Oct 22, 2014 12:01AM The Metro Detroit Chapter of the US Committee for UN Women Celebrates Its First Anniversary at the Women of Vision Exhibit
Oct 22, 2014 12:01AM Woollaston at Mahana Cellar Door Reopens with a Fresh Look
Oct 22, 2014 12:01AM Samueli Institute Launches Podcast Examining Aspects of a Flourishing Society
Oct 22, 2014 12:01AM Best Western Bayside Inn Recognized as a Best Western Design Champion at Hotel Brands 2014 Convention.
Oct 22, 2014 12:01AM Denver's Modern Homes Open for Tour this Weekend
Oct 22, 2014 12:01AM San Antonio Pain Management Clinic, Premier Pain Consultants, Now Offering Revolutionary Neck and Back Pain Treatment
Oct 22, 2014 12:01AM New Picture Book Ties Together Fiction and History to Bring Music Appreciation to Kids
Oct 22, 2014 12:01AM New Poetry Book Will Inspire Readers to Take Direction of Wholeness Personally and Communally
Oct 22, 2014 12:01AM IIX Expands Into UK Market With Acquisition of Software and Interconnection Company
Oct 22, 2014 12:01AM U.S. Census Bureau Daily Feature for October 22
Oct 22, 2014 12:00AM AdvanceTec Industries Participates in the 2014 Canadian Wireless Trade Show
Oct 21, 2014 11:45PM New No-Cost "Play by the Rules Magazine" App Provides iPhone, iPad and Android Users with Expert-Crafted Content on Safe, Fair & Inclusive Sport Issues
Oct 21, 2014 09:37PM National Press Club Mourns Loss of Ben Bradlee
Oct 21, 2014 11:30PM Dip-Tech Awarded Guinness World Record for Largest Digital Flatbed Printer
Oct 21, 2014 11:25PM iFitDress.com Updates Its Website To Launch A Long Party Dress for Women Promotion
Oct 21, 2014 11:20PM Frost & Sullivan to Speak at the Measurement & Control Show 2014 Osaka in Japan
Oct 21, 2014 11:15PM Brendon Burchard Releases His New Book The Motivation Manifesto
Oct 21, 2014 11:10PM Sugar Impact Diet Review Exposes JJ Virgin's New Book On Losing Weight
Oct 21, 2014 11:09PM Lextar's Flat Panel Light LEAFIA Wins Japan Good Design Award 2014
Oct 21, 2014 11:05PM Artesyn Embedded Technologies Announces ATCA(R) Breakthrough: Successfully Tests First 100G Technology
Oct 21, 2014 11:00PM Dashishah Award for Excellence and Creativity Honours Saudi Sporting Champions
Oct 21, 2014 10:23PM Brice Holdings Inc. Acquires Shares of Clairvest Group Inc.
Oct 21, 2014 10:05PM Stwd.co.uk 's Online Shop Now Featuring a New Collection of Short Evening Dresses
View Older Stories